by Lillian Syme | Apr 8, 2026 | Personal Income
Personal income likely rose again in February, but did little to strengthen purchasing power after inflation, according to economist estimates ahead of Thursday’s Personal Income and Outlays report from the U.S. Bureau of Economic Analysis. This release will show...
by Lillian Syme | Mar 15, 2026 | Featured, Personal Income
Households continued to earn and spend in January, but at a pace that just barely kept up with inflation, showing early signs of hesitation in consumer demand. January’s personal income data, released by the Bureau of Economic Analysis, showed income rising...
by Lillian Syme | Feb 23, 2026 | Featured, Personal Income
Household income continued to grow in December, but rising prices limited how far paychecks went, the latest sign that consumers are proceeding cautiously. Personal income rose 0.3 percent in December, down from November’s 0.4 percent increase, but on par with...
by Quinn Waller | May 10, 2025 | Inflation, Personal Income, Retail
At Cobblestone Quality Shoe Repair in St. Louis, third-generation cobbler Randy Lipson is seeing more business than usual. With many shoes made overseas and thus hit by President Trump’s new tariffs, customers are turning to repairing the shoes they already own rather...
by Olivya Veazey | Apr 30, 2025 | Personal Income, Uncategorized
When the Commerce Department releases their monthly Personal Income Report tomorrow, it will help us understand how consumers and businesses are responding to an unpredictable economy: saving, spending, and sometimes both. Most economists expect that consumer spending...
by Olivya Veazey | Apr 9, 2025 | Inflation, Personal Income
Despite relatively strong income growth, American consumers are still reluctant to spend as they wait to see the full impact of cuts to federal programs, tariffs, and long-lingering inflation. Consumer spending increased 0.4% in February, a rebound from January’s 0.2%...
